MKT/100 MKT 100 MKT100 week 9 QUIZ

MKT100 week 9 QUIZ

Which of the following is the least flexible of these important retailing strategy issues?

Answer

   

Store atmosphere

   

Scrambled merchandising

   

Retail positioning

   

Store image

   

Location

 

 

Direct marketing, direct selling, and automatic vending are all examples of ____ retailing.

Answer

   

off-premise

   

portfolio

   

nonstore

   

off-price

   

direct

 

 

Large, self-service stores that carry a complete line of food products and some nonfood products are called

Answer

   

discount stores.

   

superstores.

   

supermarkets.

   

department stores.

   

warehouse clubs.

 

 

The selling of merchandise outside the confines of actual facilities is generally called

Answer

   

nonstore retailing.

   

direct selling.

   

direct marketing.

   

Internet marketing.

   

store-front sales.

 

 

 

A manufacturers' outlet mall is most appropriately classified as a(n)

Answer

   

discounter.

   

specialty retailer.

   

off-price retailer.

   

category killer.

   

department store.

 

 

A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best described as a

Answer

   

discount store.

   

department store.

   

convenience store.

   

supermarket.

   

category killer.

 

 

The marketing of products to ultimate consumers through face-to-face sales presentations either at home or the workplace is called

Answer

   

direct marketing.

   

direct-response marketing.

   

telemarketing.

   

personal selling.

   

direct selling.

 

 

 

Agents and brokers that facilitate and negotiate purchases but do not actually take title to products are also known as

Answer

   

functional wholesalers.

   

commission wholesalers.

   

hands-off intermediaries.

   

contract negotiators.

   

functional middlemen.

 

Wholesaling can be defined as

Answer

   

transactions in which products are bought for resale.

   

transactions made at a discount.

   

sales made to retailers only.

   

transactions in which purchases are for production of other goods only.

   

marketing activities necessary to conduct exchanges with consumers.

 

 

 

The performance of marketing-related activities conducted on the telephone is called

Answer

   

e-marketing.

   

direct-response marketing.

   

telemarketing.

   

phone retailing.

   

tel-selling.

 

 

 

 

 

 

An agent that receives goods on consignment from local sellers and negotiates sales in large, central markets is called a

Answer

   

commission merchant.

   

sales branch agent.

   

selling agent.

   

manufacturers' agent.

   

broker-agent.

 

Which of the following is the least flexible of these important retailing strategy issues?

Answer

   

Store atmosphere

   

Scrambled merchandising

   

Retail positioning

   

Store image

   

Location

 

 

A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best described as a

Answer

   

discount store.

   

department store.

   

convenience store.

   

supermarket.

   

category killer.

 

What type of wholesaler transports a limited line of products directly to customers for immediate inspection and selection?

Answer

   

On-site wholesalers

   

Cash-and-carry wholesalers

   

Rack jobbers

   

Truck jobbers

   

Drop shippers

 

____ have been successful because consumers are willing to drive significant distances to save money buying manufacturers' closeouts and irregulars.

Answer

   

Off-price shopping centers

   

Outlet shopping centers

   

Regional shopping centers

   

Power shopping centers

   

Lifestyle shopping centers

 

 

Full-service, specialty-line wholesalers that own and maintain displays in discount stores and supermarkets are called

Answer

   

specialty-line wholesalers.

   

full-service stockers.

   

in-store maintainers.

   

assemblers.

   

rack jobbers.

 

Merchant wholesalers who specialize in just a few functions and pass others along to other intermediaries or customers are called

Answer

   

limited-service wholesalers.

   

wholesale service specialists.

   

general-line wholesalers.

   

specialty-line wholesalers.

   

specialty-service wholesalers.

A retailer is an organization that purchases products for the purpose of reselling them to

Answer

   

other retail organizations.

   

the government.

   

ultimate consumers.

   

wholesalers.

   

nonprofit organizations.

 

 

Which of the following is a full-service merchant wholesaler?

Answer

   

Cash-and-carry wholesaler

   

General merchandise wholesaler

   

Drop shipper

   

Mail-order wholesaler

   

Truck wholesaler

Selling agents perform every wholesaling activity except

Answer

   

transporting goods.

   

setting prices.

   

financing the products.

   

taking title to products.

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